CVS Health Corp. (CVS) vs QUALCOMM Incorporated (QCOM)
A side-by-side comparison of CVS Health Corp. and QUALCOMM Incorporated across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: CVS is classified in Healthcare; QCOM is classified in Technology. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
CVS
CVS Health Corp.
$94.66HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
QCOM
QUALCOMM Incorporated
$181.97TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — CVS vs QCOM
growth of $100 · dividends reinvested · last 10yCVS +40.4% (+3.5%/yr)QCOM +266.6% (+13.9%/yr)QCOM compounded faster over this window
CVS QCOM
CVS vs QCOM: by the numbers
- •QCOM is the larger company ($191.07B vs $120.78B market cap).
- •QCOM trades at the lower trailing earnings multiple (20.77 vs 25.04 P/E), one valuation lens rather than an overall verdict.
- •QCOM converts more revenue to profit (21.01% vs 1.18% net margin).
- •CVS grew revenue faster over the past five years (8.32% vs 6.23% CAGR).
- •CVS pays the higher dividend yield (2.79% vs 2.05%).
Metrics side by side
Valuation
| Metric | CVS | QCOM |
|---|---|---|
| P/E ratio | 25.04 | 20.77 |
| Forward P/E | 11.83 | 17.26 |
| P/S ratio | 0.29 | 4.34 |
| P/B ratio | 1.52 | 6.91 |
| EV / EBITDA | 14.50 | 17.11 |
| FCF yield | 9.74% | 5.45% |
Profitability
| Metric | CVS | QCOM |
|---|---|---|
| Gross margin | 14.15% | 54.23% |
| Operating margin | 2.00% | 23.19% |
| Net margin | 1.18% | 21.01% |
| ROE | 6.16% | 33.48% |
| ROIC | 4.14% | 17.42% |
Dividends
| Metric | CVS | QCOM |
|---|---|---|
| Dividend yield | 2.79% | 2.05% |
| Payout ratio | 70.37% | 41.32% |
Growth (annualized)
| Metric | CVS | QCOM |
|---|---|---|
| Revenue CAGR (5Y) | 8.32% | 6.23% |
| EPS CAGR (5Y) | -23.89% | 2.02% |
| FCF CAGR (5Y) | -10.28% | 2.09% |
| Total return CAGR (5Y) | 6.05% | 6.80% |
Frequently asked
- Which has the lower trailing P/E, CVS or QCOM?
- QCOM has the lower trailing P/E: CVS trades at 25.04 and QCOM at 20.77. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, CVS or QCOM?
- Over the past five years, CVS grew revenue faster — CVS at a 8.32% CAGR versus QCOM at 6.23%.
- Does CVS or QCOM pay a bigger dividend?
- CVS yields 2.79% and QCOM yields 2.05% based on trailing dividends and the latest price.
- Is CVS or QCOM more profitable?
- QCOM runs the higher net margin — CVS at 1.18% versus QCOM at 21.01%.
- How have CVS and QCOM total returns compared?
- Over the past 10 years, CVS delivered 3.54% and QCOM delivered 14.33% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
CVS Health P/E ratioQUALCOMM P/E ratioCVS Health dividend yieldQUALCOMM dividend yieldCVS Health ROEQUALCOMM ROECVS Health operating marginQUALCOMM operating marginCVS Health revenue growthQUALCOMM revenue growthCVS Health free cash flowQUALCOMM free cash flow
CVS Health & QUALCOMM appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 11, 2026.